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Strathcona Resources Ltd V.SCR


Primary Symbol: T.SCR Alternate Symbol(s):  STHRF

Strathcona Resources Ltd. is a Canada-based oil and gas producers with operations focused on thermal oil, enhanced oil recovery and liquids-rich natural gas. The Company has three operations: Lloydminster Heavy Oil, Cold Lake Thermal and Montney Gas. The Lloydminster Heavy Oil has multiple large oil-in-place reservoirs with existing and expanding enhanced oil recovery (EOR) opportunities primarily located in southwest Saskatchewan. Its Saskatchewan thermal properties rely on the same steam-assisted gravity drainage (SAGD) processes as its Cold Lake Thermal properties. The Company is a producer in the Cold Lake region of Alberta. Its operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from steam-assisted gravity drainage (SAGD) oil assets. Its Montney development is an active region in the Montney basin, the condensate-rich Kakwa, Grande Prairie, and Groundbirch regions, and produces liquids-rich gas.


TSX:SCR - Post by User

Bullboard Posts
Post by Sir_Holleron Jul 16, 2015 11:47am
252 Views
Post# 23930105

No mojo

No mojoI sold the pop at the open.
Not much distinctive progress in the numbers vs. last quarter given the expectations in the stock price. Still loses as far as we can see. Auguast has also seen the stock drop 14% on average over the last few years, perhaps due to the seasonality of this business.

After a sell-off during the slow season the stock may be positioned for a rally with the launch of fantasy sports, and the new sports season.

I see Sprylogics also announced a deal today for their sports app.
Bullboard Posts